A jump in U.S. consumer spending pushed U.S. shares to an intraday record on Monday and global equities edged higher, offsetting a weak euro zone sentiment survey and political uncertainty over Spain’s elections.
Colombia’s Avianca Holdings SA said on Monday it is experiencing “reputational harm” from its association with Avianca Brasil, an air carrier that licenses its name and has canceled over 1,000 flights amid a bankruptcy restructuring.
Tesla Inc said on Monday it could seek alternative sources of financing, days after Chief Executive Officer Elon Musk reached a deal with U.S. securities regulators to settle a dispute over his Twitter use, removing an overhang on the stock.
The U.S. Securities and Exchange Commission on Monday obtained an asset freeze in connection with suspected insider trading in Anadarko Petroleum Corp before the oil company agreed to be acquired by rival Chevron Corp.
U.S. President Donald Trump’s economic adviser on Tuesday said the White House still backs Stephen Moore for a seat on the Federal Reserve’s Board of Governors, despite Democratic lawmakers’ concerns about his competence and questions over his past remarks.
Amazon.com Inc on Monday said it had leased office space and posted several jobs for its second headquarters outside Washington, D.C., the start of more than a decade of investment and hiring that cities across North America had sought.
The Federal Reserve is expected to hold interest rates steady at its policy meeting this week as policymakers balance recent stronger-than-expected U.S. economic growth against sluggish inflation.
Toyota Motor Corp will invest hundreds of millions of dollars to produce its Lexus NX luxury crossover vehicle at a Canadian plant, sources said on Monday, offering relief to a region where other carmakers have announced job cuts.
When Boeing launched its 737 MAX jetliner in response to Airbus’s record-selling A320neo, a wave of poker-faced satisfaction spread through Airbus headquarters in France.
Alibaba Group Holding Ltd said on Monday it will pay $250 million to settle a U.S. lawsuit faulting the Chinese e-commerce company for concealing a regulatory warning about its ability to stop counterfeiting before it went public in 2014.
Oil prices edged higher on Monday, as the market attempted to resume a weeks-long rally that was halted on Friday when U.S. President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.
Two longtime analysts of Berkshire Hathaway Inc appear deeply divided over prospects for the company led since 1965 by billionaire Warren Buffett, in reports issued on Monday ahead of this weekend’s shareholder extravaganza.
A top economic adviser to President Donald Trump said on Tuesday that the White House still backs Stephen Moore for a seat on the Federal Reserve’s Board of Governors, despite concerns Democratic lawmakers have about his competence.
Amazon.com Inc on Monday said it had begun leasing office space and was on track to create 400 positions this year at its second headquarters outside Washington, D.C., the start of over a decade of hiring.
T-Mobile US Inc and Sprint Corp on Monday extended the deadline for completing their proposed $26 billion deal to July 29 as the U.S. Justice Department’s Antitrust Division chief said he had not decided whether to approve the transaction.
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